Tag: S & P 500

Asia shares rally as China cools money rates, yen slips

Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo’s Nikkei .N225 rally 1.5 percent and dragged […]

S&P 500 climbs to highest level since May 2008

Stocks extended gains on Thursday, with the S&P 500 hitting its highest level since May 2008 on positive economic data and the European Central Bank’s agreement to launch a new and potentially unlimited bond-buying program. The Dow Jones industrial average .DJI gained 217.45 points, or 1.67 percent, to 13,264.93. The […]